ProShares UltraPro QQQ $TQQQ Shares Purchased by Rathbones Group PLC

Rathbones Group PLC raised its holdings in shares of ProShares UltraPro QQQ (NASDAQ:TQQQ) by 97.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,966 shares of the exchange traded fund’s stock after purchasing an additional 15,773 shares during the quarter. Rathbones Group PLC’s holdings in ProShares UltraPro QQQ were worth $1,685,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of TQQQ. Howard Capital Management Inc. grew its stake in ProShares UltraPro QQQ by 83.6% during the 4th quarter. Howard Capital Management Inc. now owns 8,465,262 shares of the exchange traded fund’s stock valued at $446,289,000 after purchasing an additional 3,855,510 shares in the last quarter. Oriental Harbor Investment Master Fund grew its stake in ProShares UltraPro QQQ by 100.0% during the 4th quarter. Oriental Harbor Investment Master Fund now owns 2,401,640 shares of the exchange traded fund’s stock valued at $126,614,000 after purchasing an additional 1,200,820 shares in the last quarter. Cantor Fitzgerald L. P. grew its stake in ProShares UltraPro QQQ by 823.5% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 779,017 shares of the exchange traded fund’s stock valued at $80,550,000 after purchasing an additional 694,661 shares in the last quarter. PPSC Investment Service Corp grew its stake in ProShares UltraPro QQQ by 116.1% during the 4th quarter. PPSC Investment Service Corp now owns 1,248,785 shares of the exchange traded fund’s stock valued at $65,836,000 after purchasing an additional 671,023 shares in the last quarter. Finally, Citigroup Inc. grew its stake in ProShares UltraPro QQQ by 3,108.0% during the 3rd quarter. Citigroup Inc. now owns 601,603 shares of the exchange traded fund’s stock valued at $62,206,000 after purchasing an additional 621,603 shares in the last quarter.

ProShares UltraPro QQQ Stock Up 1.2%

Shares of NASDAQ TQQQ opened at $77.84 on Friday. ProShares UltraPro QQQ has a fifty-two week low of $32.43 and a fifty-two week high of $79.68. The business has a 50 day moving average price of $56.98 and a two-hundred day moving average price of $54.19. The firm has a market cap of $38.39 billion, a PE ratio of 38.25 and a beta of 3.66.

ProShares UltraPro QQQ Company Profile

Proshares UltraPro QQQ ETF (the Fund) seeks daily investment results, before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index (the Index). The Fund invests in equity securities, derivatives, such as futures contracts, swap agreements, and money market instruments. ProShare Advisors LLC (ProShare Advisors) provides the investment advisory and management services for the Fund.